Not everything can be measured by GDP though. For instance, HK can become a buffer point or backup plan should the trade war further escalates. Not to mention

Not everything can be measured by GDP though. For instance, HK can become a buffer point or backup plan should the trade war further escalates. Not to mention that many CCP members have a lot of investment in Hong Kong, a collapse of the HK economy, should the PLA be deployed, would be quite problematic. But I generally agree with your observations.